printout House: HigashiMurayama, Tokyo

Asset type
House
Yield
5.1%
Rank
★★★☆☆
Bid period ended

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Property URL

Base bid price 29,960,000yen You could bid above 23,968,000yen
Bid period ended

Location

Location HigashiMurayama, Tokyo
Traffic access on report(japanese) 西武新宿線「東村山」駅 南西方 約1.5km(道路距離 徒歩約19分) 西武国分寺線「東村山」駅 南西方 約1.5km(道路距離 徒歩約19分) 西武多摩湖線「武蔵大和」駅 東方 約1.3km(道路距離 徒歩約17分)
Reference(japanese) 最寄バス停 徒歩約6分

Property data

Type Land Property number 1
Registered category Residential land Actual category -
Registered area 120.04m2 Actual area -
Zoning Low residential Class I Usage -
Building to land ratio 50% Floor area ratio 100%
Type Building Property number 2
Building number 36-16
Registered type Residence Actual -
Registered structure WoodenSlate roofed2F building Actual -
Registered floor area 1F 55.27m2,2F 44.30m2 Actual -
Layout 4LDK(洋Room×3,和Room×1)+ウォークインクローゼット Land right Ownership
Occupant debtor・owner Year/month built 2017/06

Numerical data

Cap rate 5.1% Area 99㎡
Gross yield 7.0% Base bid price 29,960,000yen
Lease demand 22 / 25pt Minimum bid price 23,968,000yen
Ratio of years passed
to depreciable years
27% Earnest money deposit 5,992,000yen

Court data

Case number 2023(M)232 Announced 2024/04/22
Court Tokyo District Court (Tachikawa) Start of viewing 2024/04/22
Sale type Sealed bid auction (1 times) Bid period 2024/05/08 ~ 2024/05/15
Farm land - Result 2024/05/21
Sale decision 2024/06/05 Special sale 2024/05/22 ~ 2024/05/24

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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 29960000yen in court auction is the same as buying the asset out of court auction at 27870000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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